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STATEMENT OF STOCKHOLDERS' DEFICIT (USD $)
Preferred Stock Shares
Preferred Stock Amount
USD ($)
Common Stock Shares
Common Stock Amount
USD ($)
Additional Paid-in Capital
USD ($)
Accumulated During the Development Stage
USD ($)
Common Stock Payable
USD ($)
Total Stockholders' Deficit
USD ($)
Balance at May. 31, 2010 100,000 100 36,460,835 36,461 26,448,170 (27,164,009) 0 (679,275)
Net Income (loss)   $ 0   $ 0 $ 0 $ (125,480) $ 0 $ (125,480)
Balance at May. 31, 2011 100,000 100 36,460,835 36,461 26,448,170 (27,289,488) 0 (804,755)
Common stock issued for Prepaid expenses on June 20, 2011 0 0 550,660 551 124,449 0 0 125,000
Common stock issued for Prepaid expenses on September 1, 2011 0 0 79,545 80 124,920 0 0 125,000
Common stock issued for Prepaid expenses on December 15, 2011 0 0 75,758 75 124,925 0 0 125,000
Common stock issued for Compensation on January 9, 2012 0 0 300,000 300 494,700 0 0 495,000
Common stock issued for Compensation on March 1, 2012 0 0 100,000 100 139,900 0 0 140,000
Common stock returned to Treasury for sale of assets on March 5, 2012 0 0 9,771,500 (9,772) 764,380 0 0 754,609
Preferred stock returned to Treasury for sale of assets on March 5, 2012 (50,000) (50) 0 0 0 0 0 (50)
Common stock issued for Compensation on April 1, 2012 0 0 160,000 160 244,640 0 0 244,800
Common stock issued for Compensation on May 9, 2012 0 0 100,000 100 274,900 0 0 275,000
Common stock issued for Compensation on May 24, 2012 0 0 150,000 150 229,350 0 0 229,500
Common stock issued for Compensation on May 29, 2012 0 0 800,000 800 2,319,200 0 0 2,320,000
Common stock payable   0   0 0 0 738,000 738,000
Unissued, vested employee stock comp   0   0 209,495 0 0 209,495
Net Loss   $ 0   $ 0 $ 0 $ (5,533,927) $ 0 $ (5,533,927)
Balance at May. 31, 2012 50,000 50 29,005,298 29,005 31,499,031 (32,823,416) 738,000 (557,325)